Currently, circular dated May 2024 permits sharing of price data for education with a one-day lag, while the circular dated January 2025 restricts entities engaged solely in education to using price data that is at least three months old. The consultation paper explains that live or near-live data usage goes beyond education and may amount to investment advisory or research activity. To balance misuse prevention and educational relevance, the paper proposes a uniform time lag of 30 days for both sharing and usage of price data for educational purposes.
